Broadwell Parish Council has set their budget for  2023/24 which is attached.  The spending for 2023 24 is expected to be approximately £12,500.  This figure includes a reserves figure for £10,000 to be collected over the next five years to replace the Kubota Mower used to maintain the village green and verges.

The Parish Council has kept the precept figure collected locally from residents through their council tax, artificially low over the last couple of years.  This was due to the financial hardship from Covid and the recent recession.  However, it is a fine balance to ensure Broadwell Parish Council has enough funds to run efficiently and maintain the assets of the village.

This year the Parish Council has requested a precept payment from Cotswold District Council of £8500 for 23/24.  This still leaves a deficit of funds required of £4000 which the Parish Council will take from their reserves. 

For your information, last year the precept collected locally was £6795.  This has meant an increase of 20%.